Breaking news: Mark Spitznagel, one of the biggest investors who play the “Black Swan game”, he actually awaits massive, world-changing events, and hedges his investments against the inevitable storm. He just said and I quote, “the greatest credit bubble in human history” is about to pop!

This, according to the firm that makes its money hedging against disasters, is the next black swan event! Mass corporate defaults. Big bubble goes pop! Today, my good friend Ross Givens, insider trading and stocks expert, joins me today to break some of this craziness down.

Highlights:

● “I wouldn't put too much weight on what Spitznagle has to say. As far as the timing, though, I mean the last time he predicted a crash was 2013, saying the stock market could fall by 40%. It didn't. In fact, it doubled over the next few years, triple as of today.” - Ross Givens

● “When you break this down, think about that, 80 to 90% of the dollars in circulation, the total dollars printed since George Washington were printed in the last three years. So when you increase the money supply that much, that fast, the value of your dollar is going to go down significantly. There's a ton more of them. They buy less goods. They buy less services. That's what's caused the massive inflation.” - Ross Givens

● “We live in some great times in a lot of ways. We live in a time where you can buy a share of a company halfway across the world in half a second without even a commission. And some of these are going to be huge beneficiaries of these global changes.” - Ross Givens

Timestamps:

[01:47] Ross Givens on Spitznagel’s latest predictions

[03:35] What can create inflation?

[08:25] More and more countries just pivoting and adjusting themselves to these economic realities

[12:22] On the SEC database that Ross is monitoring

[13:31] Ross’ encore free training

Resources:

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Ep. 1919 UPDATE: BIGGEST Credit Bubble in HISTORY is POPPING!!